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Statement of retained earnings of jordan corporation

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Jordan Corporation reported retained earnings of $225,000 at the beginning of the current year. During the year, Jordan Corporation earned net income of $45,000 and paid cash dividends of $3,750. Prepare the statement of retained earnings of Jordan Corporation for the current year.

Reference no: EM13874426

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Statement of retained earnings of jordan corporation : Jordan Corporation reported retained earnings of $225,000 at the beginning of the current year.
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